Economy

Seoul:  Amid the pandemic crisis, South Korean tech giant Samsung has reportedly decided to cut its phone production by 30 million units this year. The report mentioned that Samsung is cutting production targets across its low to mid-end…
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Chennai : With 711 awards given by the Insurance Ombudsman yet to be complied with, and 162 of these pending for over a year, sectoral regulator IRDAI on Friday told insurers that non-compliance within the timeframe will be viewed…
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New Delhi : Stock market experts have pointed out that the recent case of unethical practices by mutual fund managers raises several questions as the hard earned money of retail investors is involved. Due to the actions of the guilty,…
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New Delhi : Former Twitter India head Manish Maheshwari who founded Invact Metaversity, an online platform for education and Web3.0, on Friday announced he is leaving the startup to "pursue new opportunities". Founded by Maheshwari and…
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New Delhi : Capitalising on their opening session gains, domestic equity benchmark indices settled week's last trading session sharply higher in the green led by gains in IT, media, and banking stocks coupled with strong global cues.…
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Chennai : Cement major India Cements Ltd will monetise some of its land to settle its debt and for capital expenditure, said a top company official. He also said, in order to recover production costs that went up owing to drastic…
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New Delhi : The Delhi High Court on Friday granted interim bail, for eight weeks, to Avantha Group promoter Gautam Thapar, who was arrested in connection with alleged misappropriation of a Rs 515 crore loan from Yes Bank, on medical…
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Bengaluru : Karnataka government on Friday expressed confidence about attracting Rs 5 lakh crore investment during the Global Investor's Meet (GIM) scheduled to be held in November. Minister for Large and Medium Industries Murugesh…
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Mumbai : JB Chemicals and Pharmaceuticals Limited, the fastest growing pharmaceuticals company in India, has emerged in a new avatar as JB, retaining its core value of being 'Good people for good health'. The company announced its new…
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Bengaluru : Karnataka Chief Minister Basavaraj Bommai claimed that the state is in the forefront of attracting investments at the World Economic Forum (WEF) meet. The Davos trip has proved a success for Karnataka, he said. "This is the…
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